No More Slow Sales Start Winning the Ebay Game | THUMBNAIL IS REAL
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- Опубліковано 20 жов 2024
- Don't be scared to make the transition Ebay is not slow just have to sell the wright stuff. Visit my shop Trading Post in Crystal Lake IL.
Lonnie's channel - / @imgonnapackit
Music by: Markvard - True
/ markvard-true
Fan Mail:
Craigslist Hunter
7100 Teckler Blvd
Crystal Lake IL 60014
Wow Pete, almost dropped my phone when you started talking about my channel. Thanks so much, you know it means a lot. Have a great time with your new boat!
See I told you Bro people probably think I am an ass on Facebook but I only speak from the heart that's awesome Pete gave you a Shout Out!
I am subbing your channel. We need more guys like you.
I could not be in the reselling business without your channel Lonnie. By far the most helpful channel out there. Craigslist hunter is also very helpful too. Thanks for all you do.
That's because you are doing really great. You have great taste and have a good sense for what sells.
Yeah Lonnie!!!!!
You're absolutely right. One enormous problem with this model though is that it's not an option for everyone. Your location means EVERYTHING. Just to start, if you live on either coast, the cost of shipping is super high for anyone buying from the other coast which is prohibitive to many sales. You are smack in the middle and your shipping costs are much different.
I'm sure many sellers can relate with me; I live in a rural area on the east coast where those items that make that kind of money are so few and far between that I have no choice but to go the small item route. In addition, the people in my area mostly believe that there used goods are worth so much that it's impossible to make any profit by buying their stuff. They mostly think that because people are asking for an amount on eBay that this is exactly what there item is worth. This is even happening at the thrift stores I once could buy at good prices (no more). They then think that by charging 10 bucks less makes there item a bargain even when that same item can be purchased for less on the same eBay. I'm nearly 3 years in and I'm broke and bust my ass every day including Sundays.
Peter Ripson mid coast Maine here, sourcing can be tough but you got to research to find those items that everyone else isn’t looking for & the thrift store isn’t aware sells high.
Couldn't agree with you more Pete. Pay up and buy high end name brand stuff that sells fast. Great Tip!!!!1
I like watching no bs resell channels, yours is top of my list, but I had started watching Lonnie/Garage Sale flips the past 2 months because as you said, hes really real, hes not flaunting an expensive car or condo or bragging about going to the gym, or showing off in any other fashion and shows both failures and success. Other channels like Bonafide Hustler and Rakinprofit feel so fake and there is too much fluff to get through to actually learn the real stuff, sometimes it just feels like they like hearing themselves talk, once in a while there is a good video they do but theres too much crap to go through. Keep up the no bs!
Just had my very first return since I started selling in November for a pair of Foot Joy Golf shoes that didn't fit. Was actually a really good experience with the buyer. Feeling blessed about the whole thing. I know this isn't the norm, but thought I would share. Thanks for all your hard work Casey! I hope you know how much we appreciate you 💗🚜💃
Wow!! $25 to launch!!!!? On our lake (Lake Murray in SC) at the most expensive launching spot I've found was $5, most are $2-$3. That's a freaking racket!!
Never a slow day at the ol Trading Post!
Taco Stacks, I can’t imagine operating at this level
You'll get a shoutout when Vintage Clothing is the topic Taco!
You were right on the DVD VHS combo units, been killing it on them! Love the channel!
Garage Flips is a great channel! Lonnie is a really cool and entertaining guy. I have learned a lot, and I have been reselling for about 14 years now. Best wishes Pete! ... I hope you enjoyed your fishing trip. -Steven
Completely agreed! I stopped buying things that I know will sell for 20 or 30 but could take months, I’m paying up for things I know will sell within a week, I just had my best weekend in sales in the last 12 months..
I agree Lonnie has the best information on a variety of items and he seems like a cool dude also, he’s one of my top five fav to watch, so are you.
With the thrift stores pricing their items up to $10 now, I've started sourcing at Marshalls, TJ Maxx. It's only a couple bucks more but the items are more current, they move faster, I can source multiples, little prep work, and they already have upcs for the product pages. I also love how quickly I can list the items.
Good Tips I agree with you, Pete you really know what your talking about ...
PS. Lonnie does too
Hey Pete, love the videos! Maybe you can make a follow up to this to teach us how to never have slow sales because of sourcing
I'm definitely on board and doing what you're saying with only dealing with higher priced items, but the issue is I have trouble finding the stuff. Goodwill, savers, salvation army, flea markets and swap meet trips every week and it seems a bit like luck sometimes.
One week I'll find 3 $200 electronic items on the same day, sometimes the I'll go months without seeing the shelves of my local goodwill add anything new.
Would love some tips that go beyond "just keep going everyday" (which I'm already doing) when it comes to finding good items consistently.
Just like yourself Lonnie is aces in my book, hey can't wait to see some boat vids friend, i love your new fishing rig Pete! TFS Bubba!
I got a kohler engine for free. Put 6 hours into getting it going. Made $600. Sometimes it takes work.
I love the music on these videos. Peter has great taste in music
great advice,,thats how its done business 101,,,who desn't love lonnie? he's great!
Minnesota is a nice place to live or vacation if you like the outdoors. Hope you enjoy your time here and catch a lot of fish.
Lonnie is a good one for showing others how to make money online.
People over think it to much. Keep listing, Keep filling the pipeline. Slow sales is a myth created by bad Ebayers. List, List, List.
Agreed. As long as u keep listing, the more sales u will get.
I agree... if you have 1,000 items listed in your 'store' and are complaining about slow sales then you REALLY need to take a step back and reevaluate your business model! Its either bad prices or bad product. Simple.
OhioFlipster well guess what when u say bad prices it depends on what u paid for it lower the price to much and u dont make a profit dont forget the fees
Tell Adrian to paint the back door Pete, LOL!
My two best flips were two motorcycles I payed 200 for and sold for 800, and Macintosh computers I got for free and sold for 800 for the lot.
I’m a little late on seeing this but need to take this route. New sub thank you and I’m gonna go check Lonnie out now :)
Wow I'm glad here in TN it's free to launch a boat that's crazy 25 bucks lol
Hi Pete , how much of that stuff comes over the counter vs finding it in the wild . A percentage would be good . We cant apply your business model , you are 80% pawn shop /20 picker / leads, because of your store front . Not having a go , just need balance to the video. It would be nice if people came to me every time they want to sell something ? You cant make it sound easy, unless they copy your model
Great video. I just sold a jacket for $180. Really bring it into perspective.
Creating Happy Mondays what brand
Thanks Pete - would you do a video talking about FREE RETURNS that we kind of being forced into as sellers?
Hey Pete, you might want to re-string the Bear recurve bow, she's backwards and try Case XX in the knife title you'll post higher, just fyi. love the vids, much success!!!
Don't have the money..so I got a job..I sell Vintage Dolls and Jewelry and I get twice as much on Etsy...20 cents for a 4 month listing and 10 cents a month for my store 🙋🏻
The idea is that it would be better to trade with higher-priced products, but the question is, if automation can produce more cheaper products in 5 years then what is the best solution? And what will your age be the value that should/must be ?
Great video! Please show us some of your fishing activities.
How’d you score all that Sonicare that you’ve been selling lately?
Hey Pete, How are you enjoying our 100 degree heat wave? It is 101 in the shade at my home. At least, you are at the lake. Hope you are catching a lot of fish.
Great job pete, 80k in a month is quite amazing, cheers to you
Awesome points you make Pete. So cool of you to shout out Lonnie like that, I could not agree more 😊 Hi Ruby 🐦I love your boat!! Congratulations!! I love to go fishing too. Would love to see a video out on the boat too!! Cheers 🛥⚓️🐟🤗🌞
Im a simple man...I see Ruby..... I turn down my volume
Good Man! LOL!
haha I don't blame you!
your also a smart man... y didn't i ever think of that hahah
I turn the volume up...love love love Ruby
in my rural area, I have to buy what I can get. I don't mind the low end stuff, it sells for me quickly, usually, the higher priced stuff does not sell so quick for me, usually. There are exceptions to every rule tho. I agree that you idea is good, but if the merchandise isn't out there, it isn't. once in a while I pay up for better stuff, 20, 30 dollars for something I know I can make at least 100 on, that's okay too, when I can find it.
i do not bother with Goodwill or Salvation Army stores any more. they've gotten too high, so had Alabama thrift. Contrary to what they would have you believe, Goodwill and now Alabama thrift are NOT non profits. In the case of the large Alabama thrift store, a company bought them out, and I suppose their charities still get a small percentage because they still use the names of the charities, but the whole character of the store has changed. Prices are very high, even for junk, and now they're starting to carry new merchandise too. All the thrifts in the largest town near me have gone way up on their prices, sometimes asking more than retail, and they wonder why stuff doesn't sell. anyone going to a thrift, whether it's for resell or their own use, is looking for a bargain. Nobody is looking to pay retail.
I started reselling at live flea markets before the net existed. Was more fun when it came to selling, but that packing up, setting up, then tearing down sure got old. I have a nearby thrift that is a lifesaver, their prices are LOW, and sometimes they get high value stuff... not always tho. Runs the gambit from absolute junk to high end electronics or worn out jeans to high end jackets. Never know what I'll find. Can go there 3 or 4 times a day sometimes since they're generally putting out more stuff all day long. Never know what I'll find or when. of course I usually show up just as somebody else is leaving with a treasure. Lately they've been running a sale where they have a small bag for a dollar, and a regular paper grocery sack for 5 bucks, whatever you can fit in the bag is yours for that price, be it clothes, electronics, whatever. One guy that always seems to beat me to the good stuff got a Kenwood receiver into his five dollar bag, and was adding more. I tell you it's like pennies per item, IF you can find stuff that will sell. I've been doing this off and on for a long time, and now it's pretty much full time, and I still don't have a handle on what will sell quickly. Things surprise me, junk seems to bring good money fast, nice items either don't sell or take forever to move. New in the box still sealed items don't move as fast as ones that are not in the box and broken. Sometimes, like with fedora hats, I get more money for the beat up ones than I do nice ones.
I'll stop and look if I'm going by one, but I don't really go out of my way for the usual garage sales any more. tho sometimes if you ask, or you dig, you can come up with stuff, I sk for old watches or old razors. Sometimes they have something I can do well on but didn't think it worth selling so they didn't put it out. Still, most of the time they're not good, but certain high end neighborhoods I can do better, if they don't think their crap is made of gold and want too much. I like moving sales, church sales, and best of all, estate sales. Haven't been any good ones lately tho. there was one a couple of years ago... walk in the door it you walked into a time warp. hardly anything newer than the 70's, most older than that and all either in perfect shape or new in the box. I didn't have enough cash the first day to do a whole lot, but I still did all right, then the last day I hit it again for half price day... didn't get a lot but the lady running the sale made me a deal on an intercom system from the 60's, still in the box, never used, and one of the post marks said 61. She said 20, but being half price day, the lady at the register only charged me ten. I wound up getting close to 400 for it eventually. Stuff like that just doesn't happen often enough tho, mostly I have to eek out a bit here and a bit there with lower dollar items. High dollar items just don't move that fast.
In the city, yeah there are a few resellers, and I know who most of them are, except for one guy that looks a lot like me, we're really not competing since they buy different stuff for the most part. this one guy that looks like me, dresses like me, and has a beard like me, goes for the same things I generally do, and he's an early bird, always near first in line. The best company that did estate sales is now doing only auctions, except for once in a while then the items are too far away to haul to their auction bars. They priced stuff to move, they usually only had one day sales, and would move most everything in that one day. I don't like their auctions tho, they always try to sell the big stuff first, furniture and stuff I have no interest in. I went once, stayed from 10 am to 10 pm and the sale was still going, and people were bidding things up to a place where I could not make a decent profit on most items. I did manage to scoop a Russian made Balalaika, for 16 dollars, since even the auctioneer didn't know what it was, I got 150 for that, but most of the smalls were just unreasonably high when they did get to them. Another company that I haven't seen in a while, wouldn't much budge on prices, UNLESS you bundled. They loved to bundle, I could get bundles of many items often for the price of one item or less. Another company started out okay, but now they're trying to be high end, and sell fancy antiques and stuff... without actual provenance. They claim to have an expert appraise the items, but no written appraisal is given. once I looked at what they claimed to be a 1700's candle holder, it had modern phillips/slotted screws in it, it was definitely a reproduction, but they were trying to sell it at antique price. Mostly now I look for sales being run by individuals. Another company had an estate sale, they sold next to nothing, so two weekends later the family got in there and sold stuff at whatever price, and moved a lot of stuff, that company also has an antiques business, they charge up the wazoo when they have sales. a Pentax K-1000 film camera, they wanted 125 for, you can't get 25 for them these days. I got rid of mine when they were selling around 50.
Does anybody know where this guy is from? I’m guessing Eastern Europe..
Whatever happened to the year challenge I hope you start posting those videos because I sure could not find them
Pete those items you paid up 4, did they come into the shop or did you have to go hunting for them?
Bill Thompson what do u think
DD 215 You never know with this guy he could have picked them up off Craigslist, Offerup, Facebook or Some guy off the street you never know with Pete. I do kinda miss seeing some of his negotiation videos with people when he meets them off Craigslist, people here play hardball and don't want to come down on the price they trying to get ebay prices which makes it harder for me, but not impossible.
You say this but 99.99% of people don’t have a shop where people BRING YOU THE MERCHANDISE
Thank you for your videos. I don't do any used resale, but I get where you are coming from. I own a shop but only deal in new goods. but I love how you take your time to tell people things you have learned. Much Karma coming for you on your fishing trip.
P.S. Sweet boat, dont loose the Bimi top, gunna want it when your beer has no shade =)
Yes, all you have to do is open a pawn shop or used store and buy items at 10-25% of value. Easy peasy!
i bought 2 auger snakes at Lowes. List $110 each. I paid $15 each. Sold one for $90 and the other for $142. They paid shipping. I had no idea the value on them.
Great vid really got me thinking now, thanks
Travel Safe Sir. I' m 112 miles West of Cass Lake. I should take a drive, maybe I could actually meet you.
What if 75% of my items are new form distributor and i dont need to source? They are good to cancelled listings? I only make 25% after fees. But its endless supply source.?
Yes I like his station on you tube...garage flips
Thanks for the helpful advice as always. I am going to start implementing the suggestions that you mentioned in the video. Also will check out Garage Flips channel and subscribe.
I want to flip more expinsive things like phones and designer clothes but i have no idea where to buy them for a profitable price. Please help.
Hope you enjoy Cass Lake! Weather is just right, but bring mosquito spray!
I sold a WW1 Uniform for 200.00 bucks today.
Love the channel content and Lonnie. Just one thing, when you say best ebay person out there, makes me wonder what we have as options. I just watched his video about the magazines. Great score, but.... When someone pays for priority mail, you shouldn't change it to Fed Ex ground to make $20 extra bucks. Bad business and ethics. Still love him, but he needs to be careful putting content out there like that.
Did you say Wakanda Illinois? Let me know if you find any Vibranium there.
I was thinking the same thing LMBO
Selling more items also helps diversifies return risk.
I’m just getting started into fishing, so it would be great if you’d post some fishing vlogs!
wooooow i love the ginger cat
Have a fun trip!! And for the record Ruby doesn’t have hair on her head 😂
The two happiest days in a boat owner's life: the day you buy the boat and the day you get rid of it.
Love the videos Pete! I learn something new every time. Inspired me to quit smoking too! Hope to be just like you one day!
sqwirlmasta I'm on Day 3 of the nicotine patch .... it sucks!!!!!
Ive been waiting too long for this 🙏🏻
what's your sweet spot for Buy / Sell... besides for electronics and tools.Why don't you sell Precious metals , silver, Gold, etc. Buy Flip. If you were a "We Buy Gold Store you could pay 80% of spot and sell at 105% of spot...
Everyone in my area charges eBay prices for stuff.
Love Regional A boxes!
So True Pete !!!
Thanks for the video Pete
Thanks for sharing the tips and information in the video. Also a good shout out to Lonnie on Garage Flips he is very good and I like his channel, the guy is real no BS..
I hear what you are saying but you definetly have an advantage by owning a pawn shop.
Not so easy to always find those 150 profit items. A bunch of 19.99 or 29.99 sales for 3 dollar items adds up quick. Still go for the big ones when i can find em though.
Great video!
Hey Pete, So I've been flipping for years now and followed you for a long time. Now I run a pawn shop and was curious how you habe to handle buys in your store... for example anything we buy has to go on a 21-day police hold. And nightly the database of every item we take in, serial numbers, model numbers, descriptions, and sellers info is uploaded to the police. Do you deal in firearms? And... real estate expenses aside how much capital do you think I would need to initially build a large enough inventory to support myself flipping on a ramen noodle diet?
Great video nice job
Hey Pete I have a niece that works at Ebay in San Jose Ca. She tells me that the company is really doing bad. All the senior employees are looking for new jobs.
Is the greedy CEO and upper management keeping most of the money for themselves, like in nearly all American companies?
Wow! I would love to be a fly on the wall in that place. I hear they have lost alot of longtime resellers and not as many buyers shopping on ebay as it used to be.
EBay needs to pull it together, malls are closing across the country everyone is shopping online, for them to be doing bad is really sad.
Lonnie is a great guy
Thanks. Thumbs Up!
Good stuff Pete, nice Boat
Ruby is everything
Pete, what's up with your monthly videos on your other ebay site? Havent seen anything since February.
But.... that stuff came to your shop.
good video!
How do you know your not buying stolen goods?
The Sewing Machine Man good question
He already made a video about this
Lord Of Dutch that's going to be like finding a needle in a haystack unless you have a link handy.
Splendid video Capitan Pete !!. Bon voyage. I hope your ship is ship shape. 2:39 Maybe to many mice treats for fat cat Milo?. Thanks fer the helpful tips on reselling. Cheers !!!***.
Great advice Pete, I already had come to this conclusion, when you first mentioned it. And it rings of truth. Those larger ticket items sell and set the tone for your week and maybe your month. So when you said it my ears really perked up.So many considerations for beginner/small sellers. Maybe space allowances, possibly funds to invest. Spending those assets wisely goes a long way. The benefits are great. Like everything it takes time. For those with limited funds. Like Pete said these are things to keep in mind. But over time try to phase it in. Love the advise. Thanks for all you do.
"WINNING"
This video shoud be titled....SUCKER UPDATE.
Pete do you mean “Winning The EBay Game?” Not Wining?
Yes Lol Thanks for watching. Cheers !!
"Hey all the stuff that is broken, missing, and we cant sell on online,lets sell as is to the public. And then whatever doesn't sell we will donate for a writeoff." Prick owner... Very Unethical on there part.
Thanks for another great video Pete. You're right, it's so much better and easier to flip stuff with a bigger profit. It's better to spent more money on one or a few items than to buy a larger variety of low end stuff. So much less work and stress for a better result, although it's not always easy to find enough higher value items. We all need the bread and butter finds too, especially if you have to find that stuff piece by piece. Your store really helps you to go more straight in this direction with all the good inventory people are bringing in, but it's not impossible for us out there . We only have to find the right way to maintain this goal, and Lonnie is the best example that everyone can achieve it. He's really a good and honest guy and spent a lot of time to bring out great content, so we all can learn from his journey, and he becomes better and better every day. Thanks for the shout out Pete! That will help Lonnie to grow his channel a lot faster and he absolutely deserves it. Hope you will have a fun time with your boot. :)
You are correct. I started selling cheaper items and slowly transitioned to more expensive items that make me more money. It works and I don't have the pressure that I need to sell a lot anymore.
Pete -good luck fishing here in Minnesota. They were biting last weekend -memorial weekend will be a little hot but cool off for that evening session. Taking your advise on resale of vintage car parts. Tried Ebay auction for the first time -a part I paid $125 for sold for $454!.
Either go big or go home.
Thank You Pete another Wonderful Video.............
Pete, you know I admire the hell out of you & your teams work ethic in the reselling game. Not to mention that out of every single reseller that I have *ever* run across on-line, that you & the ‘gang’ top ‘ my list, as well. That said, in my world money is money, is money. No matter how many items you buy, list & then flip. Big ticket or not. Besides a *huge* part of the *fun* for me personally is going to thrift stores/shops looking for and or trying to stumble upon a diamond in the rough. I mean that certainly beats the alternative of hating your job & not wanting to get out of bed every morning to do it, no? Anyway that is my take. And as far as reselling goes, I *only* do it as a hobby. Having had longtime/full time job for darn near 20 years. Cheers !!!
Only 20 years? You're still a babe.
susi q - Haha, oh how I wish. No what I meant was that I have had my current full time job for close to 20 years. The one before that for 7 years. Before that 2 1/2 years...and if I go on from there, I will just get even more depressed. 😋 Cheers !!!
Damn Pete that was worth watching twice....Good advice!
your living the dream brother.
Easy middle man money
Thanks for the video Pete, great advise on the low price items working someone to death. Enjoy your time off and good luck with the fishing!
Does your boat even lunch?
wow CHARGING TO LAUNCH A BOAT . WTF
What do you fish for?